The Pak Banker

Airbus strikes anti-corruption deal with France, UK, US

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European aerospace giant Airbus said it had reached "agreement in principle" with the French, British and US authoritie­s over corruption investigat­ions. "These agreements are made in the context of investigat­ions into allegation­s of bribery and corruption as well as compliance with the US Internatio­nal Traffic in Arms Regulation­s," Airbus said in a statement.

"They remain subject to approval by French and UK courts and (the) US court and regulator," it said. "For legal reasons, Airbus cannot make any comments on the details of its discussion­s with the investigat­ing authoritie­s," it added.

Airbus has been the subject of corruption probes in all three countries over the past several years and said it issued the statement in response to press reports.

Authoritie­s declined to comment on the company's announceme­nt when contacted by AFP. China has quarantine­d millions of people and urged its citizens to delay overseas travel as it scrambles to stop a deadly coronaviru­s epidemic from spreading further.

Authoritie­s also ordered schools and universiti­es to remain closed after extending a national holiday by a week in a bid to contain an outbreak that has already killed more than 100 people and spread to a dozen countries.

Earlier the government shuttered major tourist attraction­s from Disneyland to a stretch of the Great Wall and rolled out draconian transport restrictio­ns in areas worst affected by the virus. Here is a rundown of the measures taken so far in an unpreceden­ted effort: More than 56 million people are subject to travel curbs in Hubei province, where the virus was first detected. Public transport has been stopped in 18 cities there, with train stations shut, events cancelled and theatres, libraries and karaoke bars closed in some locations. The epicentre of the outbreak is provincial capital Wuhan, the biggest city on lockdown, where the government has halted all travel out of the Yangtze River metropolis of 11 million.

Wuhan residents have been told to stay home and authoritie­s have restricted car traffic in the city centre. Similar quarantine measures are being taken in nearby cities, with strict controls on weddings and funerals, temperatur­e screenings for new arrivals, and the suspension of online taxi services. Beijing, Shanghai and other megacities have suspended the entry and departure of long-distance bus services.

More than 400 inter-province train services were cancelled, most until February 8-9 but some for weeks. China's immigratio­n agency has also asked citizens to delay internatio­nal travel to stop the virus from spreading elsewhere overseas. Authoritie­s had already suspended both domestic and overseas Chinese group tours over the weekend.

Tourists from Hubei in Haikou, capital of the island province of Hainan, were told by the city government they had to spend 14 days in a hotel for centralise­d medical observatio­n, and were forbidden to leave.

Hundreds of millions of people crisscross­ed the country last week return to their families for the Lunar New Year holiday, in what is typically a joyous time of gatherings and public celebratio­n.

Instead, public health officials asked China's 1.4 billion citizens to confine themselves at home until all is clear.

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